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Statement
City Budget
Statement on the New York City November 2023 Financial Plan
November 16, 2023
While the City’s November update delivers some needed savings through the first round of budget reductions, much more needs to be done to close the massive remaining gaps and stave off a fiscal reckoning.
Letter
State Budget
CBC Urges Governor to Sign A1926A/S1683A for Home Care Services Data Reporting
A Letter to the Governor
October 27, 2023
CBC recommends that you sign A1926A/S1683A, a bill to require annual reporting on home care services.
Statement
Transportation
Statement on the MTA’s Twenty-Year Needs Assessment for 2025-2044
October 04, 2023
The MTA's Twenty-Year Needs Assessment for 2025-2044 (TYNA) importantly lays bare the transit system’s precarious state of repair.
Statement
City Budget
Statement on NYC's FY 2024 November Plan PEG Directive
September 10, 2023
Mayor Eric Adams is taking the right step right now, directing agencies to propose 5 percent budget savings.
Blog
City Budget
5 Myths and Facts about the NYC FY 2024 Budget
August 15, 2023
Let’s unpack the facts behind some common myths about New York City’s budget.
Letter
Transportation
Five Recommendations on Congestion Pricing
A Letter to the Traffic Mobility Review Board
July 19, 2023
CBC has long supported congestion pricing to further three important goals: reduce congestion, reduce emissions, and support the MTA’s capital plan. We urge the Board to follow CBC’s five recommendations to ensure balanced progress on all three goals.
Blog
Transportation
Stabilized, for Now
The MTA's Operating Budget's Long-Run Outlook
July 17, 2023
Taking steps now to start closing future gaps will ensure changes do not have negative impacts on services or the economy.
Statement
City Budget
Statement on New York City Fiscal Year 2024 Budget Agreement
June 29, 2023
The City’s leaders announced a fiscal year 2024 budget agreement that will please many stakeholders—for the next year.
Letter
City Budget
Letter to Mayor and Speaker on FY 2024 Budget Adoption
Recommendations to Budget Realistically and Stabilize Finances
June 26, 2023
CBC urges you to adopt a fiscal year 2024 budget that not only provides critical services to New Yorkers in the upcoming year but stabilizes the City’s precarious fiscal and service outlook.
Blog
City Budget
Spending In Perspective
NYC FY 2024 Executive Budget
May 23, 2023
While proposed fiscal year 2024 City funds spending declines 2.2 percent from what is currently projected for fiscal year 2023, it is 7.5 percent higher than fiscal year 2022.
Blog
City Budget
Not Undercover
The NYC Fiscal Year 2024 Executive Budget for the NYPD
May 17, 2023
New York City’s Fiscal Year 2024 Executive Budget allocates $10.8 billion for the NYPD in fiscal year 2024.
Statement
City Budget
Statement on the New York City Fiscal Year 2024 Executive Budget
April 26, 2023
The Executive Budget lays bare the stark and potentially dark fiscal reality facing New York City.
Blog
City Budget
7 Facts about the Adams Administration’s Prior Savings Plans
April 12, 2023
CBC finds that 92 percent of the prior plans’ savings will have no effect on services since they come from eliminating underspending, re-estimating costs, savings on debt service, leveraging federal or other funding, and increasing efficiencies in ways designed to preserve services.
Statement
City Budget
Statement on NYC's FY 2024 Executive Budget PEG Directive
April 04, 2023
The City is right to initiate a PEG—a Program to Eliminate the Gap—for the Executive Budget. This action is timely, if not overdue.
Statement
Public Workforce
Statement on the New York City–District Council 37 Tentative Contract Agreement
February 17, 2023
The tentative contract announced today provides raises that are very reasonable given recent and anticipated inflation. The great challenge is how the City will pay for them.
Statement
City Budget
Statement on the New York City Fiscal Year 2024 Preliminary Budget
January 12, 2023
Much more aggressive action is needed to stabilize future budgets, hedge against a looming recession, and improve the quality and efficiency of services.
Blog
City Budget
What to Look for in the NYC Fiscal Year 2024 Preliminary Budget
January 11, 2023
New York City’s mid-to-long-term outlook is precarious and acting now is key to long-term stability.
Statement
Taxes
CBC Convenes Special Committee to Focus on Federal Tax Cuts
December 21, 2017
The Special Committee consists of CBC trustees, civic leaders, and policy experts, and will identify the greatest impacts and options for appropriate state and local government action.
Letter
Transportation
CBC Urges Governor to Veto Two Free Transfers Legislation
December 14, 2017
CBC calls on Governor Andrew Cuomo to veto bill that would require the Metropolitan Transportation Authority to provide two free transfers between subways and buses within a two-hour period.
Blog
Transportation
More Than Enough Problems
The MTA 2018 Final Proposed Budget and Four-year Financial Plan
November 27, 2017
There are unanswered questions about the MTA's 2018 budget and $1.5 billion Subway Action Plan.